Sentences with phrase «solely as an investment property»

Not exact matches

While the GATT was mandated to deal solely with trade in merchandise goods, the scope of its successor body, the WTO, was enlarged as a result of these talks to include four new areas: trade in agriculture, trade and investment in services, intellectual property fights and investment measures.

Also known as investment property loans, hard money loans are a type of funding used solely for real estate transactions.

The Investment Promotion Act has been amended to allow non-resident settlors or non-resident beneficiaries of a trust to own immovable property in Mauritius solely under the Integrated Residential Schemes («IRS») and the Real Estate Scheme («RES») without the approval of the Prime Ministers» Office under the Non-Citizens (Property Restrictions) Act 1973, as property in Mauritius solely under the Integrated Residential Schemes («IRS») and the Real Estate Scheme («RES») without the approval of the Prime Ministers» Office under the Non-Citizens (Property Restrictions) Act 1973, as Property Restrictions) Act 1973, as amended.

Known as a like - kind exchange, the Internal Revenue Code (IRC) Section 1031 allows the deferral of federal and state capital gain and depreciation recapture when property either real or personal held in the productive use of a business or for investment is exchanged solely for property held for productive use in a business or for investment.

Also known as investment property loans, hard money loans are a type of funding used solely for real estate transactions.

1979), the Ninth Circuit held that a personal residence of a taxpayer was not eligible for exchange under Section 1031, explaining that «[it] has long been the rule that use of property solely as a personal residence is antithetical to its being held for investment.»